Singapore, 16 July 2018 – Linfinity, a Singapore-based distribution supply chain platform based on blockchain launched its own digital currency, Linfinity tokens (LFT) on 14 July 11a.m. (SG time).
The Singapore-based platform aims to improve trading and businesses globally by building an anti-counterfeiting supply chain through blockchain technology. Linfinity will be launching their token on Chinese-based exchange CoinEx, which momentarily took over the position of the world’s top crypto exchange by trade volume just last week, ahead of exchange giants Binance and OKEx.
Linfinity’s token launch comes with its own trading contest, held between 14th July to 1st August. The contest is split into two categories, with the ranking system calculated based on volume of trade by each user, as well as the total amount of LFT purchased. The prizes offered for the contest includes a Mercedes Maybach as well as a Porsche Macan, among others.
Presently, Linfinity has already set out to make their own waves regionally by strengthening their network and influence, signing a Memorandum of Understandings (MOUs) with six other companies – Crossinvest, RHTLaw Taylor Wessing LLP, RHT Holdings, RONGDE Logistics, Scientific Tradition, and WealthBriefingAsia. Linfinity also signed a strategic cooperation agreement with the Alishan group in Taiwan. Under this agreement, Linfinity will create a counterfeit traceability system for all players within the Alishan Group from manufacturers to consumers.
The company has launched its own series Linfinity Talks, a self-contained global roadshow platform that demonstrates blockchain projects, as well as connect with like-minded businesses to further explore blockchain technology. To date, the talks have been successful, reaching out to Korea and Japan, garnering over 300 participants with the next few stops set to be held in London and Hong Kong.
Linfinity Talk in Seoul, Korea, on 9th June with 180 attendees, comprising of players from the industry and members of the public.
“We are serious about asserting ourselves as a player within the blockchain industry and with our launch on the market, we hope to be able to foster and encourage inter platform trading with Linfinity tokens,” said Anndy Lian, CEO of Linfinity.
“Ultimately, our end goal is to establish ourselves as a blockchain-based platform that can provide businesses with a solution to improve transparency and efficiency across all industries,” he added.
https://www.blockasia.io/linfinity-announces-the-launch-of-its-own-cryptocurrency/
Anndy Lian is an early blockchain adopter and experienced serial entrepreneur who is known for his work in the government sector. He is a best selling book author- “NFT: From Zero to Hero” and “Blockchain Revolution 2030”.
Currently, he is appointed as the Chief Digital Advisor at Mongolia Productivity Organization, championing national digitization. Prior to his current appointments, he was the Chairman of BigONE Exchange, a global top 30 ranked crypto spot exchange and was also the Advisory Board Member for Hyundai DAC, the blockchain arm of South Korea’s largest car manufacturer Hyundai Motor Group. Lian played a pivotal role as the Blockchain Advisor for Asian Productivity Organisation (APO), an intergovernmental organization committed to improving productivity in the Asia-Pacific region.
An avid supporter of incubating start-ups, Anndy has also been a private investor for the past eight years. With a growth investment mindset, Anndy strategically demonstrates this in the companies he chooses to be involved with. He believes that what he is doing through blockchain technology currently will revolutionise and redefine traditional businesses. He also believes that the blockchain industry has to be “redecentralised”.